Quest Ministries

Analysis

Quest Ministries is a registered charity in United States, based in Big Rapids, MI. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Quest Ministries reported income of $208k and spending of $230k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $80k to $208k (+161%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 53%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Quest Ministries sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include Bedford Stuyvesant Volunteer Ambulance Corps ($208k), In Need Christian Counseling ($208k) and Linn County Deputy Sheriffs Membership Association ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,462 against liabilities of $0, net assets of $8,462.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.